Analysts Offer Predictions for Geodrill Ltd’s Q2 2019 Earnings (GEO)

Geodrill Ltd (TSE:GEO) – Equities researchers at Beacon Securities issued their Q2 2019 EPS estimates for shares of Geodrill in a research note issued on Monday, May 13th. Beacon Securities analyst A. Shaath forecasts that the company will earn $0.07 per share for the quarter. Beacon Securities also issued estimates for Geodrill’s FY2020 earnings at $0.12 EPS.

Geodrill (TSE:GEO) last posted its earnings results on Monday, March 4th. The company reported C$0.01 earnings per share (EPS) for the quarter. The firm had revenue of C$26.96 million for the quarter, compared to analysts’ expectations of C$29.34 million.

GEO stock opened at C$1.40 on Wednesday. The company has a debt-to-equity ratio of 11.76, a quick ratio of 1.18 and a current ratio of 2.11. Geodrill has a 52-week low of C$1.20 and a 52-week high of C$2.33. The stock has a market cap of $65.67 million and a PE ratio of 140.00.

About Geodrill

Geodrill Limited, together with its subsidiaries, provides exploration and development drilling services to various mining companies with exploration, development, and production operations in West Africa and the African copper belt. The company offers reverse circulation (RC), diamond core, air-core, directional, RC grade control, water bore, and underground drilling services.

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